Best High Yield Savings

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Rankings are calculated based on verified user reviews, recency of updates, and community voting weighted by user reputation score.

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Best 1 Marcus by Goldman Sachs
Marcus by Goldman Sachs
Free Plan Available

Marcus by Goldman Sachs stands out as a premier online banking platform backed by one of the world's most prestigious financial institutions. It offers highly competitive APY rates on savings accounts...

9.6 Brilliant
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2 Ally Bank
Ally Bank
Free Plan Available

Ally Bank is a popular choice for seniors due to its consistently high-yield savings accounts and competitive interest rates on checking accounts. They offer a user-friendly mobile app for easy accoun...

9.5 Brilliant
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3 Discover Bank
Discover Bank
Free Plan Available

Discover Bank brings the renowned customer-friendly philosophy of Discover credit cards to its online banking offerings. It provides a complete digital banking experience with both checking and saving...

9.0 Excellent
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4 First Direct Bank
First Direct Bank
Free Plan Available

First Direct Bank is an online-only bank known for its high-yield savings accounts and exceptional customer service. They offer no monthly fees and reimburse ATM fees worldwide. Their straightforward...

8.9 Very Good
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5 SoFi Checking and Savings
SoFi Checking and Savings

SoFi offers a comprehensive financial ecosystem that combines checking and savings into one high-yield account. By setting up direct deposit, users unlock industry-leading interest rates and access to...

8.8 Very Good
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6 TIAA Bank
TIAA Bank

TIAA Bank (now EverBank) is a trusted name in the financial industry, known for its professional approach and high-yield savings products. They offer a range of CD terms with competitive rates, cateri...

8.6 Very Good
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7 Synchrony Bank
Synchrony Bank

Synchrony Bank is a top choice for those seeking a wide variety of CD terms and consistently high interest rates. They offer terms ranging from 3 months to 5 years, catering to both short-term parking...

8.5 Very Good
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8 Varo Bank
Varo Bank

Varo Bank distinguishes itself as a fully chartered online bank offering a complete banking solution without any monthly fees or minimum balance requirements. It provides both checking and savings acc...

8.5 Very Good
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9 Radius Bank
Radius Bank

Radius Bank offers a checking account with a competitive APY and an early payday feature, allowing users to access their paychecks up to two days early. They also provide a savings account with a dece...

8.4 Very Good
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10 SoFi Checking & Savings
SoFi Checking & Savings

SoFi offers a checking and savings account combination with competitive interest rates and cashback rewards on debit card purchases. Families can benefit from the early paycheck feature and mobile che...

8.2 Very Good
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11 Popular Direct
Popular Direct

Popular Direct is a division of Popular Bank that offers a high-yield savings account with a competitive APY and no monthly fees. It is designed for savers who want a simple, secure, and high-interest...

8.0 Very Good
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12 Lincoln Savings Bank
Lincoln Savings Bank

Lincoln Savings Bank provides a range of online banking services, including high-yield savings accounts and fee-free checking. They boast a network of ATMs and offer competitive interest rates. The ba...

7.8 Good
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13 LendingClub Bank
LendingClub Bank

LendingClub Bank offers checking and savings accounts with rewards and competitive rates. Their checking account provides cashback rewards on purchases, while the savings account offers a decent APY....

7.8 Good
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14 Bask Bank
Bask Bank

Bask Bank, launched by American Airlines, offers a unique proposition in the online banking space by allowing customers to earn American Airlines AAdvantage miles on their savings. Their Interest Earn...

7.8 Good
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15 myVesting
myVesting

myVesting offers a high-yield checking account with cashback rewards and a savings account with a competitive APY. They provide a user-friendly online banking experience with features like mobile chec...

7.6 Good
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16 First Internet Bank of Indiana
First Internet Bank of Indiana

First Internet Bank of Indiana offers competitive interest rates on savings and checking accounts, providing a straightforward online banking experience. As an online-only institution, they focus on e...

7.6 Good
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17 First National Bank of Omaha
First National Bank of Omaha

First National Bank of Omaha (FNBO) is a regional bank with a growing online presence. They are known for their competitive interest rates on savings accounts and CDs, as well as their commitment to c...

7.5 Good
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18 FNBO Direct
FNBO Direct

FNBO Direct offers competitive interest rates on both savings and checking accounts, appealing to seniors seeking to maximize their returns. They provide robust online banking tools and excellent cust...

7.4 Good
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19 myONE
myONE

myONE, a credit union, offers online banking services with competitive rates and a focus on member benefits. They provide a range of financial products, including checking and savings accounts. While...

7.3 Good
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20 One Finance
One Finance

One Finance is a unique banking platform that focuses on 'pockets'sub-accounts that allow users to organize their money for different purposes, such as bills, savings, and spending. It is perfect for...

7.3 Good
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21 CIT Bank
CIT Bank

CIT Bank, a division of First Citizens Bank, is a strong contender for savers looking for high-yield options. It offers a variety of savings products, including high-yield savings accounts and a wide...

7.3 Good
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22 First Internet Bank
First Internet Bank

First Internet Bank was one of the first online-only banks in the US and has built a reputation for reliability and high-yield products. They offer a range of CD terms with competitive rates. Their pl...

7.1 Good
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23 BankFive
BankFive

BankFive, a regional bank with an online presence, offers competitive high-yield savings accounts and CDs. They provide a straightforward online platform and a range of term lengths for CDs. While the...

7.0 Good
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24 EverBank
EverBank

EverBank, now part of Wells Fargo, previously offered competitive high-yield savings accounts and CDs. While the EverBank brand is being phased out, some of its products and rates may still be availab...

6.8 Fair
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25 Bank of Internet USA
Bank of Internet USA

Bank of Internet USA offers competitive high-yield savings accounts and a straightforward online banking experience. As an online-only institution, they focus on providing efficient and accessible ser...

6.5 Fair
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